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The board voted 3-0 to approve a $1,125,470.67 payroll warrant and $173,183.46 in cash disbursements. The investment review reported system assets of $199.9 million, with a 2.1% quarterly return and a 12.6% return for 2025; the current diversified asset allocation was recommended to remain in place.
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The approvals authorize February pension, annuity, cost-of-living, dependent, and veteran payments, along with operating expenses. The board also approved Daniel R. Martini’s membership application as a police patrolman. No retirement, buyback, or withdrawal applications were received.
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